BlackRock May Own XRP and Other Crypto Assets, Claims Industry Analyst

Industry analyst Vandell Aljarrah has sparked speculation that the world’s largest asset manager, BlackRock, might already own XRP, XLM, and HBAR. In a recent post on X (formerly Twitter), Aljarrah suggested this aligns with BlackRock’s history of investing in undervalued assets with long-term potential. He pointed to BlackRock’s tendency to secure positions in these assets before public disclosure, indicating their understanding of market trends.

Aljarrah’s claims, while not confirmed officially, are backed by the firm’s strategy of quietly acquiring assets and its track record of moving strategically ahead of large price movements. These strategies are reminiscent of Edoardo Farina, another prominent figure in the XRP community who also stated that BlackRock is actively accumulating tokens from retail investors at low prices.

While XLM and HBAR offer enterprise-grade solutions in payments and distributed ledger technology, XRP’s strong position in cross-border settlements and partnerships with financial entities makes it a frontrunner for institutional adoption. If Aljarrah’s claim proves accurate, it could significantly boost the credibility of these tokens and attract further interest from traditional financial institutions. This move would signify BlackRock’s dedication to building long-term value rather than chasing short-term gains.

If confirmed, this investment could signal a broader vision for BlackRock, emphasizing their focus on assets with infrastructural utility rather than speculative tokens.